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Wobet is a small country that produces only steak and potatoes. Steaks have a price of $10 each and potatoes have a price of $1
Wobet is a small country that produces only steak and potatoes. Steaks have a price of $10 each and potatoes have a price of $1 each. Suppose that Wobet produces 10 steaks and 20 potatoes in 2010. Using ________, Wobet has GDP equal to ________.
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